DEATH PROCEEDS definition

DEATH PROCEEDS. The actual amount of money payable to the Beneficiary if the Insured dies while your Policy is in force prior to the Maturity Date is called the Death Proceeds. The Death Proceeds equals:

DEATH PROCEEDS means the total death proceeds of the Policy.

DEATH PROCEEDS. The actual amount of money payable to the Beneficiary if the Insured dies while your policy is in force prior to the Maturity Date equals:

Examples of DEATH PROCEEDS in a sentence

• DEATH PROCEEDS AFTER THE MATURITY DATE If the Annuitant dies on or after the Maturity Date, We will pay the Beneficiary a death benefit consisting of any benefit remaining under the Annuity option then in effect.

• INTEREST ON DEATH PROCEEDS Any interest on death proceeds will be paid in accordance with rules in effect in Your state at the time of death.

• INTEREST ON DEATH PROCEEDS: Interest will be paid on death proceeds from date of death to date of payment.

• DEATH PROCEEDS Death Proceeds equal the Death Benefit described below less Indebtedness and less any due and unpaid Monthly Deduction Amounts occurring during a Policy Grace Period.

• DEATH PROCEEDS Death Proceeds equal the Death Benefit less Indebtedness and less any due and unpaid Monthly Deduction Amounts occurring during a Policy Grace Period.

More Definitions of DEATH PROCEEDS

DEATH PROCEEDS. The actual amount of money payable to the Beneficiary if both Insureds die while your Policy is in force prior to the Maturity Date is called the Death Proceeds. The Death Proceeds equals:

DEATH PROCEEDS is the amount of money that we will pay the Beneficiary if the Insured dies while this Contract is in force.

DEATH PROCEEDS means the face amount of the death benefit provided for in the Policy plus any increase in the Death Benefit from dividends, cash or accumulation value as those terms may be defined in the Policy contract or option contained therein.

DEATH PROCEEDS means the aggregate of the death benefit for the basic plan as determined in accordance with the Death Benefit Provision

DEATH PROCEEDS. The death proceeds equals:

DEATH PROCEEDS means, with respect to a deceased Participant, the death proceeds that the Trustee has or shall receive under one or more Policies as a result of a Participant's death.

DEATH PROCEEDS means the amount payable upon the death of the Insured Person pursuant to the suicide provision, compassionate death benefit provision, additional death benefit for organ donor provision and medical negligence benefit provision.